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Fincash » Mutual Funds » Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund - G

NAV  ₹2,631.58 ↑ 0.50  (0.02 %) as on 2 Dec 24

Scheme Objective

The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns.

Mirae Asset Cash Management Fund is a Debt - Liquid Fund fund launched on 12 Jan 09. It is a fund with Low risk and has given a CAGR return of 6.3% since its launch.  Ranked 48 in Liquid Fund category.  Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for Mirae Asset Cash Management Fund

NAV as on 2 Dec 24₹2,631.58 ↑ 0.50  (0.02 %)
Net Assets (AUM) as on 31 Oct 2024 ₹12,783 Cr.
Launch Date12 Jan 2009
CategoryDebt - Liquid Fund
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.03%
Effective Maturity1 Month 12 Days
Modified Duration1 Month 13 Days
Alpha Ratio0.0
Expense Ratio0.15 %
Sharpe Ratio4.082
Information Ratio0.0
BenchmarkNot Available
ISININF769K01788
AMCMirae Asset Global Inv (India) Pvt. Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Dec 24

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.5%
1 Year 7.4%
3 Year 6.3%
5 Year 5.3%
10 Year
15 Year
Since launch 6.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7%
2022 4.8%
2021 3.3%
2020 4.2%
2019 6.6%
2018 7.3%
2017 6.6%
2016 7.2%
2015 7.8%

Growth of 10k Over Years

DateValue
30 Nov 19₹10,000
30 Nov 20₹10,438
30 Nov 21₹10,780
30 Nov 22₹11,270
30 Nov 23₹12,054
30 Nov 24₹12,943

Asset Allocation

Asset ClassValue
Cash99.81%
Other0.19%

Sector Allocation

SectorValue
Cash Equivalent65.64%
Corporate34.17%
RatingValue
AAA100%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Canara Bank
Certificate of Deposit | -
3%₹445 Cr45,000,000
↑ 17,500,000
Treps
CBLO/Reverse Repo | -
3%₹351 Cr
091 D Tbill Mat - 18/10/24
Sovereign Bonds | -
3%₹350 Cr35,000,000
Punjab National Bank
Certificate of Deposit | -
2%₹346 Cr35,000,000
↑ 25,000,000
Reliance Retail Ventures Limited
Commercial Paper | -
2%₹296 Cr30,000,000
↑ 30,000,000
191 DTB 24102024
Sovereign Bonds | -
2%₹250 Cr25,000,000
364 DTB 21112024
Sovereign Bonds | -
2%₹224 Cr22,500,000
182 DTB 18112024
Sovereign Bonds | -
2%₹224 Cr22,500,000
Reliance Jio Infocomm Limited
Commercial Paper | -
1%₹199 Cr20,000,000
91 Day T-Bill 15.11.24
Sovereign Bonds | -
1%₹199 Cr20,000,000
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Fund Managers

NameSinceTenure
Amit Modani1 Nov 240 Yr.
Abhishek Iyer28 Dec 203.85 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedMirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Cash Management Fund
Monthly Dividend, Payout
₹1,153.79
↑ 0.22
1.14 %4.91 %5.45 %4.71 %
Mirae Asset Cash Management Fund
Weekly Dividend, Reinvestment
₹1,153.62
↑ 0.22
1.24 %5.01 %5.51 %4.74 %
Mirae Asset Cash Management Fund
Monthly Dividend, Reinvestment
₹1,153.79
↑ 0.22
1.14 %4.91 %5.45 %4.71 %
Mirae Asset Cash Management Fund
Growth
₹2,631.58
↑ 0.50
3.54 %7.37 %6.29 %5.29 %
Mirae Asset Cash Management Fund
Daily Dividend, Reinvestment
₹1,066.43
2.85 %6.59 %5.93 %4.97 %
Data as on 2 Dec 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.